Techstep enter new markets with LOI for delivering Techsteps's Lifecycle platform

12 Feb 2025 07:30 CET

Techstep is pleased to announce that it has entered into a Letter of Intent with
a leading IT vendor, marking its strategic entry into the Ireland and UK
markets.
With this partnership the vendor will adopt Techstep's Lifecycle platform as
their standard solution for Device-as-a-Service (DaaS) offerings, enhancing
operational efficiency and customer experiences.

Lifecycle platform is Techstep's own software for automated device lifecycle
management and enables streamlined management of device lifecycles, from
purchase and onboarding to offboarding and recycling, allowing the IT Vendor to
deliver innovative, sustainable practices.

Both companies are committed to going live with the Lifecycle platform this year
with customers onboarded in the fourth quarter. The commercial model include a
license price per device per month.

"This agreement aligns perfectly with Techstep's partner strategy of expanding
our market reach in Europe and globally, helping partners digitize manual
processes, contributing to a more streamlined and efficient operation and
emphasizing circular economy values", comments Morten Meier, CEO of Techstep.

For further information, please contact:
Morten Meier, CEO Techstep ASA    +47 970 57 717

About Techstep ASA

Techstep is a mobile & circular technology company, enabling organisations to
perform smartly, securely, and sustainably by combining mobile devices, software
and expertise to meet customers' business and ESG goals. We are a leading
provider of managed mobility services in Europe, serving more than 2,100
customers in Europe with an annual revenue of NOK 1.1 billion in 2023. The
company is listed on the Oslo Stock Exchange under the ticker TECH. To learn
more, please visit www.techstep.io.

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